Russell Investments: The Federal Reserve is expected to keep interest rates unchanged this year

Senior Investment Strategist BeiChen Lin at Russell Investments stated in a report that, under the company's baseline scenario, the Federal Reserve is expected to keep interest rates unchanged this year. Prior to the release of the U.S. employment report on Friday, he said: "However, if the increase in jobs significantly exceeds market expectations—such as more than double the forecast—and inflation still does not improve, this could prompt the Federal Reserve to further consider raising interest rates. Taking into account all the labor market data to be published this week, we expect the employment market to remain 'lukewarm,' rather than overheated or too cold. This would be good news for the Federal Reserve." Russell Investments believes that U.S. Treasury yields across all maturities have considerable investment value.